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3 comments so far

ali kadri
on
October 5, 2013

Thanks for a very interesting paper… When you say : “Yet, constant capital is an important element of the accumulation of capital in general — perhaps, the most important element.” is the qualification most important necessary. In an integrated production process, importance becomes a value judgment or an actuarial assessment.
What is important from the view of the working class is the process of regimentation and dislocation to which they are subjected.
As to quantity of value, yes wealth increases with better technology, but what factor do we attribute the value cration, to dead labour or living labour when they are labour in different shapes.